July 19, 2011 / 10:51 AM / 8 years ago

Rising food prices lift UK grocery sales - Kantar

 LONDON, July 19 (Reuters) - Sales growth at Britain's
grocers has picked up, helped by rising prices which are set to
increase further in coming months, piling extra pressure on
cash-strapped shoppers, Kantar Worldpanel said.	
 The market research company said on Tuesday grocery sales
rose 3.3 percent year-on-year in the four weeks to July 10, up
from 2.5 percent growth in the four weeks ended May 15.	
 Growth was driven by a stronger-than-expected rise in
grocery price inflation, which is close to 5 percent. 	
 "While we previously predicted that grocery inflation would
not exceed 5 percent in 2011, we believe this no longer to be
the case," Kantar said.	
 "However, unlike the high inflation that we saw in 2008,
when it was over 10 percent in a third of the grocery
categories, we are only seeing double-digit inflation in a small
number of categories," it said.	
 Britain's grocery market remains polarised, with hard
discounters Aldi and Lidl and upmarket chain Waitrose 
growing much faster than mainstream rivals like Tesco ,
Asda , and J Sainsbury .	
 Wm Morrison Supermarkets remained the
fastest-growing of the top four grocers, Kantar said. 	
 Many retailers have been struggling as shoppers see
disposible incomes squeezed by rising prices, subdued wages
growth and government austerity measures.    	
 Following is a summary of market share and sales: 	
               12 wks to     12 wks to     pct change
               July 10,2011  July 11,2010  
                                           
 Total till roll  31,371,300    30,224,670    3.8
 Total grocers    23,845,660    22,806,470    4.6
 Total multiples  23,379,800    22,290,640    4.4
	
 Market share (percent)	
               12 wks to     12 wks to     pct change
               July 10,2011  July 11,2010  in sales
 Tesco            30.6          30.7          4.3
 Asda             17.0          17.5          1.9
 Sainsbury        16.1          16.1          4.4
 Morrison         11.9          11.6          5.6
 Co-operative*    6.9           6.2           15.9
 Somerfield*      0.0           1.3           -97.4
 Waitrose         4.3           4.1           9.0
 Aldi             3.5           3.0           20.2
 Lidl             2.6           2.3           15.6
 Iceland          1.9           1.9           7.5
	
 * Somerfield was bought by the Co-op in 2008 and some stores
were sold to win approval from competition regulators.	
	
 (Reporting by Mark Potter; Editing by Dan Lalor)	
 
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